Tag: consequences

  • Done EDIS after close of market on 2nd day – What are the consequences??

    Done EDIS after close of market on 2nd day – What are the consequences??


    Hello Folks,

    I put some GTC sold orders in TMS on Dec-20 and left it. Completely forgot to followup afterwards, my mistake.

    Then I got email from broker office yesterday Dec-21 saying my order was executed yesterday and I had to do EDIS before the market closes. The email was sent just before the market closed. I saw the email in some time and finalized the EDIS in mero share just before 5pm and let my broker know.

    I know there are some deadlines to settle the EDIS before the close of market the following day, which I have now breached.

    Will I be penalized for this? What additional penalty charges am i looking into?


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